GeoPark (NYSE:GPRK) Stock Rating Upgraded by StockNews.com

GeoPark (NYSE:GPRK) was upgraded by equities research analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Sunday.

Separately, JPMorgan Chase & Co. dropped their price target on shares of GeoPark from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 30th.

GeoPark Price Performance

NYSE GPRK opened at $10.29 on Friday. GeoPark has a 12 month low of $7.24 and a 12 month high of $11.72. The firm has a market capitalization of $526.47 million, a PE ratio of 5.22 and a beta of 1.35. The company’s 50 day simple moving average is $9.26 and its 200 day simple moving average is $9.15. The company has a debt-to-equity ratio of 2.53, a current ratio of 1.28 and a quick ratio of 1.23.

GeoPark (NYSE:GPRK) last issued its quarterly earnings results on Wednesday, November 6th. The oil and gas company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.11). The firm had revenue of $159.50 million for the quarter, compared to analyst estimates of $156.99 million. GeoPark had a net margin of 14.97% and a return on equity of 57.93%. As a group, equities research analysts forecast that GeoPark will post 2.56 EPS for the current fiscal year.

Institutional Investors Weigh In On GeoPark

Several large investors have recently modified their holdings of GPRK. Employees Retirement System of Texas purchased a new stake in shares of GeoPark during the second quarter valued at $34,000. Blue Trust Inc. acquired a new stake in GeoPark during the 3rd quarter worth about $38,000. Public Employees Retirement System of Ohio purchased a new stake in GeoPark during the third quarter valued at about $44,000. Barclays PLC boosted its holdings in shares of GeoPark by 392.3% in the third quarter. Barclays PLC now owns 8,974 shares of the oil and gas company’s stock worth $71,000 after buying an additional 7,151 shares during the period. Finally, DGS Capital Management LLC purchased a new position in shares of GeoPark in the third quarter worth approximately $148,000. 68.21% of the stock is owned by institutional investors.

About GeoPark

GeoPark Limited operates as an oil and natural gas exploration and production company primarily in Chile, Colombia, Brazil, Argentina, Ecuador, and other Latin American countries. It engages in the exploration, development, and production of oil and gas reserves. The company was formerly known as GeoPark Holdings Limited and changed its name to GeoPark Limited in July 2013.